Merging and acquisitions are tricky investments in a business market. The benefits can be estimated, with 50% accuracy. Nevertheless, the value of such transactions must be better before the merger. This can only be achieved with good business strategy, policy change and management. We would review policies that would enhance the productivity of DaimlerChrysler merger (Bradsher, 1999).
Mergers issues can be transformed to the company’s advantage when it implements IT security policies listed here.
Each Policy Review and Recommendations Presentation Would Address the Following
- Name of Policy
- Rationale for recommendations
- Organizational Issues
- Training Issues and Communication Issues
Confidentiality Policy
The employees must abide by the policy. Confidentiality policy would protect the integrity of DaimlerChrysler Corporation, protect the rights of clients, protect the rights of each staff, protect the information collected from other organizations and moderate the quality of information in the organization.
Rationale for Recommendations
Confidentiality policy helps to protect the information of each employee and clients. The list of the sacked workers is kept secret until the next board meeting. Information regarding an employee would be released with the individual’s knowledge except in extreme cases. Client’s information should not be released to a third party. Disclosure of information relating business transaction must flow due procedures from management. Business transactions with clients and organizations should be kept safe and confidential.
Organizational Issues
The policy may affect the communication process in the organization. Dissatisfied workers would see management as secretive with a hidden agenda.
Training and Communication Issue
Training must be mandatory to train each member of the management team and the employees on the implications of policy. It is difficult to implement because of rumours and access to secret files. Disgruntled staff would spoil the communication process thus, weakening the cohesion and team spirit in the organization
Network Security Policy
Network Security Policy would: Define guidelines for data transfer, guidelines for productive practices, create and maintain awareness to the employees. Manage and report security breach.
Rationale for recommendations
- The data and files for the merger are stored to avoid leakage.
- Network security is a key for business integration. Security policy would boost the integrity of the organization.
- It is a competitive advantage for the organization.
Organizational Issues
- If this policy is not implemented, there would be theft of secured files and unauthorized access.
- Loss of valuable documents.
- The employees would not take responsibility for damaged or lost data.
Training and communication Issues
- It is expensive to implement.
- The training would be done according to the job description of the workforce.
- Training must be carried out on a regular basis to avoid technological lapses.
Management and Employment Policy
Rationale for Recommendations
- The success of the merger hinges on the success of Management and employment policy.
- It helps to reduce the communication gap.
- It is the basis for future employment in the organization.
- A good management system is influences an organization with cultural conflicts.
Organizational Issues
- DaimlerChrysler Corporations would be difficult to manage without this policy.
- Cultural diversity would affect the communication process.
- Job employments may stir sentiments from a marginalize section of the workforce when this policy is not implemented.
Training and communication Issues
- Employment policy must be updated regularly.
- Management policy must be reviewed in accordance with the objectives of the DaimlerChrysler Corporation.
- It would enhance the productivity of the workforce.
- Succession policy is an integral part of the merger, it must be implemented in accordance with the objectives of the organization.
An organization without policies must surely fail. It is far worse to work without a policy than work with a failed policy. These policies would guarantee a smoother transition. It would also assist in the termination of contracts of redundant workers. The storage of vital data must be implemented with a strong framework (National Institute of Standards and Technology).
References
Bradsher, K. (1999). A struggle over culture and turf at DaimlerChrysler. New York Times.
National Institute of Standards and Technology: Recommended Security Controls for Federal Information Systems and Organization (2010). NIST Special Publication 800-53 Revision 3. Web.